Ontology (ONT)

Authentification, verification and data exchange

#27

Marketcap Ranking

0.711382 (3.67%) arrow_drop_up

Market Price (24h change)

453,400,156

Total Market Cap

3.2

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info_outline What is Ontology

3.7

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Ontology Short Description

General Data and Information. Ontology is a public blockchain project with distributed data collaboration aiming to build a peer to peer cross system trust network. Ontology trust network provides a strategic cooperation of data systems and trust sources. This network is composed of decentralized identity verification systems, multi factor authentication, distributed ledger technology and distributed data exchange All business types can be applied to Ontology blockchain technology without the need of users having prior knowledge on distributed networks. Led by a global blockchain expert team, Ontology provides distributed infrastructure to various businesses and decentralized applications. Ontology aims to bind decentralized digital world to the real world using “Ontology Common” or “Ontology Custom” designs. These designs enable secure end effective decentralized systems. Ontology’s ecosystem can be divided into three categories: The Technological Ecosystem, The Application Ecosystem and The Governance Ecosystem.

Ontology system architecture has a flexible design allowing for expansions and support for ever growing applications. The businesses Ontology aims to support include distributed ledgers, smart contracts, distributed authentication protocols, distributed data exchange protocols, and more. The layers of Ontology network can be divided into three: core layer, application layer and user layer. Core layer is composed of protocols and chain groups, application layer is composed of partners, application frameworks and modules, and the user layer is composed of Ontology ecosystem application users. Partners hold great importance building the Ontology ecosystem. Milestones. In 2017, Ontology was the first China based blockchain project to join DIF. In 2018, Ontology released the VBFT consensus algorithm, announced the consensus economic model, released the ONTO app, was selected as a part of Microsoft Accelerator and announced their sharding design. In 2019, Ontology development platform was added to Google Cloud Marketplace, and Ontology multichain design, WASM Testnet and multichain testnet was released. Utility.

There are more than 2 million community contributors, 900 technical contributors, 190 partners and 200 team members in Ontology Blockchain Network. There are also 50 and growing dApps, 56 nodes and more than 517000 wallet addresses in Ontology Ecosystem. Ontology token uses VBFT, a combination of three different models of Proof of Stake (PoS), Byzantine Fault Tolerance (BFT) and Verifiable Random Functions (VRF). The application areas of Ontology include finance, payments, insurance, consumer, internet of things, media, software development, medicine, asset titles, and government activities such as voting systems. Significant Features. Ontology brings solutions to current trust system flaws such as data fragmentation, individual's lack of role, monopolization of data management, false identity verification, transparency and security issues, weak reputation systems and insufficient community management. Ontology offers blockchain solutions presenting custom modules to businesses with issuable trust and verifiable identity systems. One of the key powers of Ontology is dealing with current real-life business issues instead of presenting a framework for future cases..

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Ontology Explanation Video

Ontology vs Zilliqa (Cryptocurrency) | Aimstone

In this video I'm giving you brief introduction to Zilliqa and Ontology, additionally we are looking at their consensuses mechanism and their past performance.

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Screenshot from Website

ont.io
Ontology Websitemore_vert

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Website Informationclose

Organization: Unknown
Name: Unknown
Country: Unknown
City: Unknown
Zipcode: Unknown
Address: Unknown
Mail: Unknown
Creation date: 2014-05-10
Expiration date: 2020-05-10
Nameserver: NS-249-C.GANDI.NET

build Ontology Product Analysis

4.6

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Ontology Whitepaper

Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.


The whitepaper of Ontology is 36 Pages long.

The most influencial keywords are: Data, Ontology, Management, Managing, Managers, Trust, Distributed, Contents, Decentralized, and Identity.

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Ontology Competitors

  • 1.) Aion

    Aion is the digital asset of The Open Application Network. Aion is used to secure and access The OAN. As a public infrastructure, a global community of individuals, software companies, and institutions secure and maintain the operations of The OAN. These critical functions are enabled and incentivized using Aion. The Open Application Network solves the unintended consequences of platform economies. The OAN is an open source public infrastructure for the creation and hosting of Open Apps. Open Apps are programs that put users back in control and are universally accessible across platforms. The OAN is built on open standards and is owned by everyone that uses it.

  • 2.) aelf

    Aelf is a customizable operating system (OS) specifically for blockchains. The team is aiming for it to be the “Linux system” of the blockchain community.

  • 3.) Nebulas

    Nebulas is a decentralized platform which provides a search framework for all blockchains. Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem.

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Ontology Product Analysis

The exact founding date of Ontology is unfortunately not that clear. Its source code was released publicly on github on April 2018 under the Other license.
Organization wise, Ontologys Development is Semi-centralized and is being developed under the lead of Xianping Mao.

The consensus on which the Ontology network is run is called Ontology Consensus Engine, while the underlying algorithm is called VBFT.
In the current state of Ontology currently is Working product

group Ontology Community Analysis

4.4

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Ontology Communities & Events

Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.

view_list r/OntologyNetwork Subreddit
person 16,231 Subscribers
directions_run 252 Active Users
create 1 Daily Posts
speaker_notes 4 Daily Comments
linkOpen Subreddit

本体是新一代公有基础链项目和分布式信任协作平台。
Twitter: @OntologyNetwork
Reddit: /r/OntologyNetwork
官网: ont.io

view_list Ontology 中文 Channel
person 48,941 Members
directions_run 184 Online
linkOpen in Telegram

Official Twitter account for Ontology

view_list @OntologyNetwork Channel
person 81,734 Followers
01.29.2020
06:09
Imagine one day you were hit by a mysterious lightning.⚡️Later, you grew bigger and bigger and finally became a giant. 👽Then someone told you that you had the mission to save the earth.💪What would you choose to do? Check it out below, you will be the first audience to find it! https://t.co/tWD3Zp3yvl 35 favorite
01.29.2020
02:14
After joining the INATBA as an official member, we have been actively entering the European market. John will meet representatives from the German Federal Ministry of Economics, Blockchain Netherlands, @INATBA_org, @McKinsey, @Siemens_Energy and other ecosystems at the event. https://t.co/r3zlZ0GuPS 50 favorite
01.29.2020
01:55
Today, John Izaguirre, our BD Director in Europe will be joining @ber_chain's Blockchain = Collaboration reception in Berlin. We look forward to witnessing and hopefully being part of the future blockchain cooperation between Germany and the Netherlands. #OntologyinEurope $ONT https://t.co/OxYOCgvhs2 29 favorite
01.24.2020
08:54
Happy Spring Festival! 🎉In traditional culture, it symbolizes a new beginning and the upcoming spring. What reminds you when look at the animal of lunar new year? 🐭🐹 https://t.co/VjCZqn5Rxb 55 favorite
01.24.2020
02:24
Congratulations to those who have successfully claimed a #ONTORedPacket from us. This round of Red Packet is finished. Thank you for sharing with us all the good feedbacks, which have helped us improve the Red Packet function for better. Stay tuned for the coming rounds! $ONG https://t.co/UXtElQpJy7 52 favorite
01.23.2020
14:45
Open your #ONTO red packet, enter the code and claim your first red packet! Limited spaces available! Please also comment below to let us know your experience! $ONT $ONG https://t.co/eqUwxSgxVC 57 favorite
01.23.2020
14:38
As Li Jun mentioned in his recent video, we are working on making ONTO one of the best data wallets this year. To show our appreciation for our community’s support for Ontology and ONTO, we have prepared 2020 ONG for you to experience the latest red packet function on ONTO! $ONG https://t.co/dner3SegVO 45 favorite
01.23.2020
09:44
From the day #Ontology founded, we shared our roadmap with global community, and it is divided into three main sections: Socrates (2018)➡️Plato (2019) and ➡️Aristotle (2020). 🙌Today we publish the Aristotle 2020 roadmap. Check out the details here: https://t.co/iAfwJVyRNc $ONT 67 favorite
01.22.2020
10:38
Please stay tuned 🗣️for an exclusive experience of the newly launched Red Packet function on #ONTO to receive $ONG rewards😎! #ONTORedPacket https://t.co/WAoqoagYQj 42 favorite
01.22.2020
10:33
Check out the newly released video by our Founder LI Jun: . In this video, Jun shares his vision of #Ontology in 2020 in three aspects: technology, product, and marketing in the light of questions collected from the community. $ONT $ONG 68 favorite

There are no events for Ontology in the next 3 Months

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Ontology Google Trends


The Google Trends chart displays the search interest on google in Ontology relative to its peak over the last year. A rising chart shows growing interest int he project.

code Ontology Development Analysis

2.7

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Ontology Github Analysis

Code Updates (Commits)


Every change to the codebase of Ontology is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 696 Stars
remove_red_eye 113 Watchers
usb 290 Forks
sync_problem 54 Open Issues
border_color 0.11 % Comment Coverage
lock_open Other License

attach_money Ontology Price Analysis

2.8

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Ontology Price Prediction

$ 0.702398 (-0.53%) arrow_drop_down

Predicted USD Market Price in 24h by Coinpaper

$ 0.656053 (-7.09%) arrow_drop_down

Predicted USD Market Price in 14d by Coinpaper

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Converter ONT - USD

Convert between ONT and USD with the live Ontology prices, aggregated from all big exchanges that trade Ontology.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Ontology Team Analysis

4.8

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Ontology Team

Ontology Lead

Jun Li - Founder
Li has a rich academic background, including a Bachelor’s degree in Computer Science, Master’s in Communication Engineering, MBA, and PMP. He is a senior blockchain architect and blockchain solutions professional with 16 years’ work experience in IT and fintech. Li previously provided technical architecture, management, and planning support for top international IT firms and major Chinese financial exchanges. He has taken part in the architecture design and technical management of many major systems, and has built up multiple technical teams and systems from scratch. Li also has a profound knowledge of the finance industry, excelling at internal management and external communication.


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Ontology Team Members (55)

Xianping Mao

Dean of ontology research institute

Elmond Cong

Senior architecture expert

Ning Hu

Senior architecture expert

launch

Andy Ji

Co-founder

Wentao Yang

Co-founder

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Tony Duan

Ux designer

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Julia Yu

Marketing manager

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Daniel Assab

Senior overseas market specialist

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Jianqi Liu

Senior product manager

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Andy An

Senior product manager

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Kevin Ding

Investor

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Honglei Cong

Senior blockchain technology professional

compare_arrows Ontology Exchanges

Ontology Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Binance ONT/BTC $ 0.711913 $ 10,262,910 check
# 2 Binance ONT/USDT $ 0.715851 $ 4,678,491 check
# 3 Binance ONT/ETH $ 0.712935 $ 70,413 check
# 4 Binance ONT/BNB $ 0.708596 $ 52,135 check
# 5 Binance ONT/PAX $ 0.713416 $ 3,479 check
# 6 Bittrex ONT/BTC $ 0.704645 $ 2,323 check
# 7 Bittrex ONT/USDT $ 0.707056 $ 28 check
# 8 HitBTC ONT/USDT $ 0.715839 $ 3,358,277 clear
# 9 OKEx ONT/USDT $ 0.712538 $ 3,259,946 clear
# 10 Huobi ONT/USDT $ 0.715349 $ 2,965,633 clear

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